Understand the difference between employees and independent contractors
by Intuit• Updated 8 months ago
Learn the basics about classifying a new worker as an employee or an independent contractor.
Deciding if you can hire someone as an employee or independent contractor is a big decision. It impacts taxes, what you need to do for payroll, and more. The government has a lot of rules around this, but here is a basic overview and some links that may help you.
Employee vs. independent contractor
An employee is a person hired by the employer. The employer generally has more control over an employee. An independent contractor is a self-employed person who provides services to businesses, generally on their own terms.
Use Inland Revenue Authority of Singapore (IRAS) guidelines to determine your worker classification.
Sign in now for personalized help
See articles customized for your product and join our large community of QuickBooks users.
More like this
- Void or delete transactions in QuickBooks Onlineby QuickBooks•39•Updated June 19, 2024
- Pay rates, cost rates, and billable rates in QuickBooks Onlineby QuickBooks•Updated May 23, 2024
- Disconnect accounts connected to online banking in QuickBooks Onlineby QuickBooks•7•Updated 1 month ago
- What is the difference between List reports and Balance (Totalled) reports?by QuickBooks•Updated October 22, 2024